Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more
American airlines that have been smarting from airport security lines are about to be shocked again. Subscribe to read this story without ads Get ad-free articles and exclusive content. A global jet fuel shortage is expected to drive up air travel costs and reduce flight times, as airlines look to cut rising prices. On Monday, … Read more
The disruptions from the US and Israeli attacks on Iran quickly spread to commercial aviation, shipping lanes and the world’s energy supply. These effects have already created fuel costs, including for truckers, truckers and fishermen, and are set to spread widely in packaging, household goods, appliances, medicine and electronics. READ MORE: Divided by many things, … Read more